AT&T and ViacomCBS Exploring CW Network Sale
07 Januar 2022 - 06:52AM
TipRanks
AT&T’s (T) WarnerMedia and ViacomCBS (VIAC) are exploring the
sale of a large stake or the entire CW Network. Citing people
familiar with the matter, the Wall Street Journal (WSJ) reports
that Nexstar Media (NXST)has shown interest in the unit that the
two companies jointly own. T shares fell 0.38% to close at $26.11
on January 6. AT&T is a holding company specializing in
telecommunication,s media, and technology services. It offers
wireless services and also produces and distributes feature films,
television, and gaming content. AT&T's earnings report for
Q4 2021 is scheduled for January 26, 2022.
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